India Smartphone Market Grew a Modest 3% YoY in Q2’24
Stay updated with the latest trends and insights in India's smartphone market. Explore in-depth analysis, growth strategies, and market share data from leading vendors like Xiaomi, Vivo, and Samsung.
India's smartphone market saw a modest 3% year-over-year growth in Q2 2024, reaching 35.2 million units. This marks the second consecutive quarter of growth, signaling a positive trend in the world’s second-largest smartphone market. Xiaomi led the market with a 19.0% share, followed closely by Vivo and Samsung. The surge in 5G smartphone adoption, now dominating nearly 80% of volumes, underscores the technology's penetration into the mass market. With the festive season approaching, TechInsights anticipates continued momentum in H2 2024, advising vendors to refine their channel strategies and product portfolios to capitalize on online distribution growth.
